Swisscom AG (OTCMKTS:SCMWY) Short Interest Up 901.8% in December

Swisscom AG (OTCMKTS:SCMWY) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 56,100 shares, an increase of 901.8% from the December 15th total of 5,600 shares. Based on an average daily volume of 84,800 shares, the short-interest ratio is presently 0.7 days.

Swisscom Stock Performance

SCMWY traded down $0.44 during trading on Monday, hitting $55.49. The company’s stock had a trading volume of 25,566 shares, compared to its average volume of 29,738. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.41. Swisscom has a one year low of $53.01 and a one year high of $66.00. The firm has a market cap of $287.45 billion, a PE ratio of 15.08 and a beta of 0.27. The business’s 50 day simple moving average is $57.35 and its 200-day simple moving average is $60.67.

Swisscom Company Profile

Swisscom AG provides telecommunication services primarily in Switzerland, Italy, and internationally. It operates through three segments: Swisscom Switzerland, Fastweb, and Other Operating. The company offers mobile and fixed-network services, such as telephony, TV, broadband, and mobile offerings, as well as sells terminal equipment; and telecom and communications solutions for large corporations and small and medium-sized enterprises.